Question 1
Which is a central problem of an economy ?
A. Allocation of Resources
B. Optimum Utilization of Resources
C. Economic Development
D. All of these
View Answer
Question 2
The name of UTI bank ltd was changed in 2007 as which of the following?
A. AXIS bank
B. YES Bank
C. Indian Bank
D. Federal Bank
View Answer
Question 3
"Vayam Rakshamah" or "We Protect" is the theme of which armed force of India?
A. Indo-Tibetan Border Police
B. Indian Coast Guard
C. Border Security Force
D. Assam Sentinels
View Answer
Answer: Option B
Explanation:
ICG is the fourth largest Coast Guard in the world with the motto of "Vayam Rakshamah" or "We Protect".
Question 4
According to ICRA Ltd, what is the estimated GDP growth rate of India for the financial year 2022-2023?
A. 10%
B. 9%
C. 8%
D. 7%
View Answer
Answer: Option B
Explanation:
Ratings and research firm Icra has estimated that India's economy will grow at 9% in FY22 and FY23 amid the uncertainty triggered by the Omicron variant of Covid-19.
Question 5
According to the IMF, what is the estimated global GDP growth projection in 2022?
A. 3.90%
B. 3.70%
C. 4.90%
D. 4.40%
View Answer
Answer: Option D
Explanation:
IMF has projected the global growth rate in 2022 to 4.4%, and in 2023 to 3.8%.
Question 6
According to United Nations' WESP 2022 Report, what is the estimated growth rate of the Indian economy in FY 2022?
A. 5.10%
B. 7.50%
C. 8.30%
D. 6.50%
View Answer
Answer: Option D
Explanation:
The GDP growth forecast of India in fiscal FY2022 is estimated to grow at 6.5 per cent as per the United Nations World Economic Situation and Prospects (WESP) 2022 report.
Question 7
ADB has projected India's economic growth for 2021-2022 at which percent?
A. 10.00%
B. 9.70%
C. 5.90%
D. 8.90%
View Answer
Answer: Option B
Explanation:
ADB projected growth forecast for 2021-2022 for India at 9.7% and developing Asia's at 7%.
Question 8
All International passengers will have to undergo mandatory quarantine for how many days as per the latest government guidelines?
A. 14 days
B. 7 days
C. 10 days
D. 3 days
View Answer
Answer: Option B
Explanation:
As per the guidelines released by the Government of India on January 7, 2022, all the passengers flying from abroad will have to home quarantine themselves for a week after landing in India and get themselves tested on the eighth day.
Question 9
As of January 1, 2022, what is the estimated population of the world, as per the US Census Bureau?
A. 9.8 billion
B. 3.8 billion
C. 7.8 billion
D. 5.8 billion
View Answer
Answer: Option C
Explanation:
The world's population is projected to be 7.8 billion people, as of New Year's Day 2022, according to the US Census Bureau.
Question 10
As per Brickworks Ratings, the FY22 GDP growth forecast of India is estimated at what per cent?
A. -8.50%
B. 10-10.5%
C. 9.5-10%
D. 8.5-9%
View Answer
Answer: Option D
Explanation:
Brickworks Ratings has revised India's GDP growth forecast for the current fiscal (FY22) to 8.5-9%. Earlier this was estimated at 10%.
Question 11
As per the 'Digital 2021: October Global Snapshot", what is the world's population that uses a mobile phone?
A. 45%
B. 65%
C. 50%
D. 52%
View Answer
Answer: Option B
Explanation:
Research firm We Are Social released a report titled 'Digital 2021: October Global Snapshot". As per the report, more than 65% of the world's population now uses a mobile phone.
Question 12
As per the report of Goldman Sachs, what is the projected GDP growth rate of the Indian economy in the financial year 2021-22?
A. 8.80%
B. 10.50%
C. 9.10%
D. 7.20%
View Answer
Answer: Option C
Explanation:
Wall Street brokerage Goldman Sachs has predicted India's GDP for FY22 at 9.1% in its Macro Outlook 2022 report.
Question 13
AS per the Reserve Bank of India data, the foreign exchange reserves of India stood how much in the week ended January 07, 2022?
A. $637.196 billion
B. $632.736 billion
C. $633.576 billion
D. $634.856 billion
View Answer
Answer: Option B
Explanation:
As per the weekly Reserve Bank of India (RBI) data, the foreign exchange reserves of India declined by $878 million to USD 632.736 billion in the week ended January 7, 2022.
Question 14
As per the UNCTAD data, the FDI in India in 2021 was recorded what percent lower than in 2020?
A. 26%
B. 25%
C. 29%
D. 21%
View Answer
Answer: Option A
Explanation:
The Foreign Direct Investment flows to India fell by 26 percent in 2021, compared to 2020, as per the UN Conference on Trade and Development Investment Trends Monitorpublished.
Question 15
As per the World Employment and Social Outlook - Trends 2022 report, the global unemployment level in 2022 is estimated at what?
A. 207 million
B. 175 million
C. 189 million
D. 251 million
View Answer
Answer: Option A
Explanation:
The global unemployment level in 2022 is estimated at 207 million, compared to 186 million in 2019.
Question 16
As per UBS Securities, what is the projected GDP growth rate projection of India in 2021-22?
A. 9.50%
B. 10.50%
C. 8.50%
D. 11.50%
View Answer
Answer: Option A
Explanation:
UBS Securities has made GDP growth rate projections for India for 2021-22 (FY22) at 9.5%.
Question 17
Bharat Dynamics Limited (BDL) and the Indian Army have signed a deal refurbishment of IGLA-1M missiles worth of?
A. Rs 371.41 crore
B. Rs 571.41 crore
C. Rs 271.41 crore
D. Rs 471.41 crore
View Answer
Answer: Option D
Explanation:
Bharat Dynamics Limited (BDL) and the Indian Army have signed a deal worth Rs 471.41 crore for the refurbishment of IGLA-1M missiles, according to BDL NSE -1.92 percent.
Question 18
Centre has been approved to continue the MPF Scheme. How much amount has been allocated to the scheme for five years?
A. Rs. 21,270 cr
B. Rs. 29,280 cr
C. Rs. 26,275 cr
D. Rs. 23,285 cr
View Answer
Answer: Option C
Explanation:
The Government has approved the continuation of the Scheme of Modernization of State Police Forces (MPF Scheme) for five years from 2021-22 to 2025-26 with a financial outlay of Rs 26,275 crore.
Question 19
Economic Survey 2021-2022 has projected how much growth in India's GDP in FY23?
A. 8 - 8.5 percent
B. 10.5 percent
C. 9.2 percent
D. 7 - 7.5 percent
View Answer
Answer: Option A
Explanation:
The Economic Survey 2022 projects India's GDP growth to be between 8-8.5% in the Fiscal Year 2022-23.
Question 20
EPFO have been allowed to invest what percent of their annual deposit in the AIFs?
A. 7%
B. 5%
C. 4%
D. 3%
View Answer
Answer: Option B
Explanation:
The Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) have approved that up to 5 percent of the annual deposits can be invested in alternative investment funds (AIFs) including infrastructure investment trusts (InvITs).
Question 21
Fitch Ratings slashed India's FY22 GDP Growth Forecast to how much percent?
A. 8.40%
B. 8.60%
C. 8.30%
D. 8.50%
View Answer
Answer: Option A
Explanation:
Fitch Ratings has cut India's economic growth forecast to 8.4 per cent, earlier it was estimated at 8.7 per cent for the current fiscal year (2021-22, or FY22).
Question 22
Government has announced the extension of the scope of the Advisory Board for Banking and Financial Frauds (ABBFF), to cover all fraud cases above what amount?
A. Rs 1 crore
B. Rs 50 crore
C. Rs 3 crore
D. Rs 20 crore
View Answer
Answer: Option C
Explanation:
Central Vigilance Commission and Ministry of Finance have extended the scope of the existing ABBFF to cover all fraud cases involving an amount of Rs.3 Crore and above in Public Sector Bank and Public Sector Financial institutions.
Question 23
How many members are there in the expert committee constituted by the Supreme Court to probe the Pegasus snooping allegations?
A. Four
B. Three
C. Six
D. Five
View Answer
Answer: Option B
Explanation:
The Supreme Court ordered the constitution of a three-member expert committee to probe targeted surveillance of journalists, politicians using Pegasus spyware.
Question 24
How much amount has been allocated under the PLI scheme for drones and drone components?
A. Rs 200 cr
B. Rs 120 cr
C. Rs 95 cr
D. Rs 150 cr
View Answer
Answer: Option B
Explanation:
Ministry of Civil Aviation in September 2021 had approved a PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years.
Question 25
How much amount has been approved by the government under the PLI Scheme for the textile sector?
A. Rs 10,683 crore
B. Rs 11,853 crore
C. Rs 9,523 crore
D. Rs 13,743 crore
View Answer
Answer: Option A
Explanation:
Ministry of Textiles has extended the timeline for submission of applications under the PLI Scheme for Textiles till February 14, 2022. Earlier this deadline was 31st January 2022. Total financial outlay- Rs 10,683 crore.
Question 26
How much amount has been approved to boost semiconductor manufacturing?
A. Rs 72,000-crore
B. Rs 76,000-crore
C. Rs 70,000-crore
D. Rs 75,000-crore
View Answer
Answer: Option B
Explanation:
Indian govt has approved a Rs 76,000-crore scheme to boost semiconductor and display manufacturing and the scheme will help in making India a global hub for hi-tech production, and attract large chip makers.
Question 27
How much amount has been granted by the ADB to the Government of India through a sovereign loan in 2021?
A. USD 2.9 billion
B. USD 5.1 billion
C. USD 3.7 billion
D. USD 4.6 billion
View Answer
Answer: Option D
Explanation:
The data released by the Asian Development Bank (ADB) it provided a record USD 4.6 billion in sovereign lending to India in 2021.
Question 28
How much amount has been paid by India towards the United Nations regular budget assessment for the year 2022?
A. USD 20.3 million
B. USD 17.5 million
C. USD 31.7 million
D. USD 29.9 million
View Answer
Answer: Option D
Explanation:
India has paid its United Nations regular budget assessment for the year 2022 in full with a payment of USD 29.9 million.
Question 29
How much amount of loan assistance has been granted by the Government of India to Sri Lanka to help the island nation overcome its depleted foreign reserves?
A. USD 800 million
B. USD 900 million
C. USD 500 million
D. USD 700 million
View Answer
Answer: Option B
Explanation:
India has announced financial assistance of USD 900 million loan to Sri Lanka to help the island nation in building up its depleted foreign reserves and for food imports.
Question 30
How much amount of the fund has been allocated to the Scheme of "Rashtriya Yuva Sashaktikaran Karyakram, which has been extended for five years from 2021 to 2026?
A. Rs 2,100.45 crore
B. Rs 2,710.65 crore
C. Rs 1,551.75 crore
D. Rs 1,486.55 crore
View Answer
Answer: Option B
Explanation:
The total outlay of "Rashtriya Yuva Sashaktikaran Karyakram for the next five years will be Rs 2,710.65 crore. The scheme is the flagship Central Sector Scheme of the Ministry of Youth Affairs and Sports.
Question 31
How much amount will be invested by the Asian Infrastructure Investment Bank in the project for the development of data centres that mostly serve Emerging Asia?
A. USD 100 million
B. USD 150 million
C. USD 200 million
D. USD 300 million
View Answer
Answer: Option B
Explanation:
The Asian Infrastructure Investment Bank has committed to invest USD150 million in the development of data centres that mostly serve Emerging Asia.
Question 32
How much did the Rail-cum-Road Bridge Over River Ganga In Bihar cost?
A. Rs 696 crore
B. Rs 690 crore
C. Rs 606 crore
D. Rs 666 crore
View Answer
Answer: Option A
Explanation:
The value of the 'Rail-cum-Road-Bridge' project is Rs 696 crore. The new bridge will reduce the period, boost agriculture tourism, and generate employment opportunities.
Question 33
In the Calendar year 2022, what is the estimated growth rate of the Indian economy as per the United Nations' report?
A. 5.40%
B. 6.70%
C. 7.50%
D. 8%
View Answer
Answer: Option B
Explanation:
On a calendar year basis UN has projected India's GDP at 6.7 per cent for 2022.
Question 34
In the latest SBI Ecowrap report, what is the projected GDP growth rate of India in FY22?
A. 9.30%
B. 9.50%
C. 9.10%
D. 9.70%
View Answer
Answer: Option B
Explanation:
In the report, SBI researchers have revised upwards the real GDP of India to around 9.5 per cent in FY22 on a year-on-year (YoY).
Question 35
In which Indian Navy Ship has been the Hindustan Aeronautics Limiteds ALH MK III aircraft formally inducted?
A. INS Dhruv
B. INS Chennai
C. INS Brahmaputra
D. INS Utkrosh
View Answer
Answer: Option D
Explanation:
Hindustan Aeronautics Limiteds ALH MK III aircraft was formally inducted at INS Utkrosh in Port Blair by Commander-in-Chief, Andaman and Nicobar Command (CINCAN), Lieutenant General Ajai Singh.
Question 36
India is to convert how many villages into 'Village of Excellence' in partnership with Israel?
A. 200
B. 150
C. 165
D. 148
View Answer
Answer: Option B
Explanation:
The Government of India has joined hands with the Government of Israel to create 150 'Villages of Excellence' in 12 States of the country, to help farmers to adopt the latest technology in the farm sector.
Question 37
India Ratings and Research has projected India's FY22 GDP growth forecast at which percent?
A. 9.40%
B. 6.40%
C. 10.10%
D. 8.60%
View Answer
Answer: Option A
Explanation:
The rating agency, India Ratings and Research (Ind-Ra) expects India's Gross Domestic Product (GDP) in the Second Quarter of Financial Year-2022 (Q2 FY22) at 8.3 percent and in FY22 at 9.4 percent.
Question 38
International Labour Organisation has projected how much global unemployment in 2022?
A. 150 million
B. 207 million
C. 200 million
D. 215 million
View Answer
Answer: Option B
Explanation:
The International Labour Organisation, in its report titled "World Employment and Social Outlook", has projected global unemployment to reach 207 million in 2022, almost 21 million more than 2019.
Question 39
Name the Best marching contingent of the defence sector during the Republic Day parade?
A. Indian Airforce
B. India Army
C. Indian Coast Guard
D. Indian Navy
View Answer
Answer: Option D
Explanation:
The Indian Navy marching contingent has been adjudged as the best marching contingent among the three services, the Ministry of Defence.
Question 40
OECD has projected India's economic growth forecast at which percent for FY22?
A. 10.70%
B. 9.40%
C. 9.90%
D. 8.70%
View Answer
Answer: Option B
Explanation:
Paris-based Organisation for Economic Co-operation and Development (OECD) decreased India's growth forecast to 9.4% for FY22 from 9.7% estimated in September 2021.
Question 41
Premier Pro-Stock 301-400cc category title at the National Motorcycle Racing Championship. Which title did Rajini Krishnan win?
A. 16th
B. 10th
C. 12th
D. 11th
View Answer
Answer: Option B
Explanation:
Krishnan from Chennai finished third after an accident, he won his 10th national title at the end of the fifth and final round.
Question 42
S&P Global Ratings has projected India's GDP for FY22 at which percent?
A. 9.50%
B. 8.20%
C. 10.30%
D. 7.10%
View Answer
Answer: Option A
Explanation:
S&P Global Ratings has retained the Gross Domestic Product (GDP) growth forecast of India unchanged at 9.5 percent for the financial year 2021-22 (FY22) and 7.8 percent for the year ending FY23.
Question 43
SEBI has directed the mutual fund (MF) industry to set up an audit committee at the asset management company (AMC) level. What is the minimum number of directors required in this audit committee?
A. 5
B. 3
C. 6
D. 8
View Answer
Answer: Option B
Explanation:
The audit committee will require a minimum of three directors and at least two-thirds of them shall be independent directors of the AMC.
Question 44
The advance tax collection increased by 53.50 percent to how much for 2021 -2022?
A. Rs 3.60 lakh crore
B. Rs 2.60 lakh crore
C. Rs 1.60 lakh crore
D. Rs 4.60 lakh crore
View Answer
Answer: Option D
Explanation:
The advance tax collection increased by 53.50 percent to Rs 4.60 lakh crore so far, this fiscal year, indicating a recovery in the economy.
Question 45
The Ministry of Electronics and Information Technology has released a 5-year roadmap and Vision Document 2.0 to achieve US$300 billion Sustainable Electronics Manufacturing & Exports by which year?
A. 2024
B. 2026
C. 2035
D. 2030
View Answer
Answer: Option B
Explanation:
The Vision Document 2.0 titled "$300 billion Sustainable Electronics Manufacturing & Exports by 2026" has been prepared by MeitY in association with the India Cellular & Electronics Association (ICEA).
Question 46
The Ministry of Finance has issued guidelines to be adopted by all public sector banks on Staff Accountability Framework for NPA Accounts up to how much amount?
A. Rs 45 crore
B. Rs 75 crore
C. Rs 50 crore
D. Rs 25 crore
View Answer
Answer: Option C
Explanation:
Department of Financial Services (DFS), under the finance ministry, has issued guidelines to be adopted by all public sector banks (PSBs) on Staff Accountability Framework for NPA Accounts up to Rs. 50 crore'.
Question 47
The Union Cabinet has granted central support for the Ken-Betwa inter-linking of rivers project in how much amount?
A. Rs 36,755 crore
B. Rs 40,555 crore
C. Rs 42,321 crore
D. Rs 39,317 crore
View Answer
Answer: Option D
Explanation:
The Union Cabinet has approved central support for the project in the amount of Rs. 39,317 crore, which includes a grant of Rs. 36,290 crore and a loan of Rs. 3,027 crore.
Question 48
Union Cabinet approved a how many crore production linked incentive (PLI) scheme for boosting semiconductors?
A. Rs 86,000 crore
B. Rs 46,000 crore
C. Rs 66,000 crore
D. Rs 76,000 crore
View Answer
Answer: Option D
Explanation:
Union Cabinet approved a Rs 76,000-crore production linked incentive (PLI) scheme for boosting semiconductor and display manufacturing in India.
Question 49
What amount of capital infusion has been announced by the Ministry of New and Renewable Energy in the Solar Energy Corporation of India?
A. Rs 900 crores
B. Rs 700 crores
C. Rs 1200 crores
D. Rs 1000 crores
View Answer
Answer: Option D
Explanation:
The Ministry of New and Renewable Ministry (MNRE) has announced that it will infuse Rs 1,000 crores in the state-run Solar Energy Corporation of India (SECI).
Question 50
What amount of capital infusion has been approved by the cabinet in the Indian Renewable Energy Development Agency Limited, (IREDA) in 2022?
A. Rs 2,500 crore
B. Rs 1,500 crore
C. Rs 1,000 crore
D. Rs 2,000 crore
View Answer
Answer: Option B
Explanation:
The Union Cabinet has approved a capital infusion of Rs 1,500 crore in the Indian Renewable Energy Development Agency Limited, (IREDA).
Question 51
What amount of line of credit has been extended to Mauritius for the Metro Express Project?
A. $170-million
B. $180-million
C. $190-million
D. $200-million
View Answer
Answer: Option C
Explanation:
An agreement was exchanged in which India is extending a $190-million line of credit to Mauritius for the Metro Express Project and other infrastructure projects.
Question 52
What amount of maximum subsidy on purchasing drones for farm mechanization has been approved under the Sub-Mission on Agricultural Mechanization?
A. Rs 5 lakh
B. Rs 10 lakh
C. Rs 7 lakh
D. Rs 12 lakh
View Answer
Answer: Option B
Explanation:
After the amendment, a grant for the purchase of drones up to 100 per cent of the cost of agriculture drones or INR 10 lakhs, whichever is less, can be given.
Question 53
What amount of project readiness financing (PRF) loan has been signed between India and ADB to support urban mobility in Aizawl in Mizoram?
A. $4.5 million
B. $3.5 million
C. $2.5 million
D. $5.5 million
View Answer
Answer: Option A
Explanation:
The Government of India and the Asian Development Bank (ADB) have signed a $4.5 million project readiness financing (PRF) loan for the proposed Aizawl Sustainable Urban Transport Project.
Question 54
What is GST on electric vehicles in India?
A. 5%
B. 10%
C. 1%
D. 4%
View Answer
Answer: Option A
Explanation:
GST on EVs is now 5% and previously 12%.
Question 55
What is the current rate of Marginal Standing Facility?
A. 4.25%
B. 4.35%
C. 4.55%
D. 4.00%
View Answer
Answer: Option A
Explanation:
The current Marginal Standing Facility Rate is 4.25%.
Question 56
What is the Digital Payments Index (DPI) for September 2021 as per RBI data?
A. 367.87
B. 304.06
C. 459.38
D. 270.59
View Answer
Answer: Option B
Explanation:
The Reserve Bank of India has announced the Digital Payments Index (DPI) for September 2021 at 304.06 as against 270.59 for March 2021.
Question 57
What is the estimated GDP growth rate of India in FY22, as per the latest projection of UBS Securities?
A. 7.50%
B. 10.10%
C. 8.40%
D. 9.10%
View Answer
Answer: Option D
Explanation:
Citing the massive surge in Omicron infections and the resultant impact on overall economic activities in the March quarter, Swiss brokerage UBS Securities has revised downwards its India's growth forecast for the current financial year to 9.1 per cent from 9.5 per cent earlier.
Question 58
What is the existing annual income limit for the identification of the economically weaker section (EWS)?
A. Rs 6 lakh
B. Rs 8 lakh
C. Rs 9 lakh
D. Rs 10 lakh
View Answer
Answer: Option B
Explanation:
After the recommendation by the three-member committee, the Centre has decided to continue with the existing annual income limit of Rs 8 lakh for the identification of the economically weaker sections (EWS).
Question 59
What is the GDP growth rate of India in FY22 as per Brickwork Ratings?
A. 10-10.5 percent
B. 8-10.5 percent
C. 7-10.5 percent
D. 9-10.5 percent
View Answer
Answer: Option A
Explanation:
Domestic credit rating agency Brickwork Ratings has estimated the gross domestic product (GDP) of India at 10-10.5 percent in the current financial year.
Question 60
What is the GDP growth rate prediction of India as per Moody's in FY22?
A. 10.10%
B. 9.30%
C. 7.60%
D. 8.70%
View Answer
Answer: Option B
Explanation:
India's GDP growth rate prediction for FY22 as per Moody's: 9.3%.
Question 61
What is the GDP growth rate projection for India in FY23 as per Moody's?
A. 9.00%
B. 7.90%
C. 8.10%
D. 6.50%
View Answer
Answer: Option B
Explanation:
India's GDP growth rate prediction for FY23 as per Moody's: 7.9%.
Question 62
What is the gross GST revenue collected in November 2021?
A. Rs. 1,02,709 crores
B. Rs. 1,16,393 crores
C. Rs. 1,17,010 crores
D. Rs 1,31,526 crores
View Answer
Answer: Option D
Explanation:
The gross GST revenue collected in November 2021 is Rs 1,31,526 crores.
Question 63
What is the interest rate on employees' provident fund (EPF) deposits for 2020-21?
A. 7.40%
B. 8.50%
C. 8.10%
D. 6.10%
View Answer
Answer: Option B
Explanation:
Ministry of Finance has approved the interest rate on employees' provident fund (EPF) deposits for 2020-21 at 8.5%.
Question 64
What is the interest rate on EPF deposits for 2020-21?
A. 6.10%
B. 8.90%
C. 7.40%
D. 8.50%
View Answer
Answer: Option D
Explanation:
Ministry of Finance has approved the interest rate on employees' provident fund (EPF) deposits for 2020-21 at 8.5%.
Question 65
What is the maximum limit of Aadhaar-enabled cash withdrawal transactions, per customer, per terminal per day, as per NPCI?
A. Three
B. Five
C. Two
D. Seven
View Answer
Answer: Option B
Explanation:
It states that the maximum limit of five Aadhaar enabled cash withdrawal transactions, per customer, per terminal per day.
Question 66
What is the percentage of Women representation of board seats in India in 2021, as per 'Women in the Boardroom report'?
A. 27.1
B. 4.1
C. 17.1
D. 7.1
View Answer
Answer: Option C
Explanation:
In India, women representation of board seats increased by 9.4 per cent from 2014 to 17.1 per cent in 2021 as per Deloitte's Women in the Boardroom report.
Question 67
What is the projected GDP growth estimate of India in FY21 (2020-21) as per the first revised estimates released by NSO?
A. 7.60%
B. 7.30%
C. 6.60%
D. 6.10%
View Answer
Answer: Option C
Explanation:
As per the first revised estimates released by NSO, the GDP contracted by 6.6% in FY21 (2020-21).
Question 68
What is the projected GDP growth rate of India in 2022-23 as per the recent MPC meeting in February 2022?
A. 8.10%
B. 7.20%
C. 7.80%
D. 6.20%
View Answer
Answer: Option C
Explanation:
The RBI has projected the real GDP growth for 2022-23 at 7.8 percent.
Question 69
What is the projected GDP growth rate of India in FY22 as per IMF's latest world economic outlook?
A. 10%
B. 9%
C. 8%
D. 7%
View Answer
Answer: Option B
Explanation:
The IMF has cut India's economic growth forecast for the current fiscal FY22 to 9 per cent.
Question 70
What is the revised estimated GDP growth rate of India in the Calendar Year 2021 according to Goldman Sachs?
A. 9%
B. 10%
C. 8%
D. 7%
View Answer
Answer: Option C
Explanation:
Goldman Sachs pegged the economy to grow at 8 percent in Calendar Year 2021 and 9.1 percent in Calendar Year 2022.
Question 71
What is the revised investment limit set by RBI for Voluntary Retention Route (VRR) for investments by Foreign Portfolio Investors?
A. Rs. 3,00,000 cr
B. Rs. 2,50,000 cr
C. Rs. 2,00,000 cr
D. Rs. 3,50,000 cr
View Answer
Answer: Option B
Explanation:
Now the RBI has increased this investment limit in VRR from Rs. 1,50,000 crore to Rs. 2,50,000 crore.
Question 72
What percent of stake has been acquired by NTPC Vidyut Vyapar Nigam Ltd. (NVVN) in Power Exchange of India Ltd?
A. 11%
B. 8%
C. 7%
D. 5%
View Answer
Answer: Option D
Explanation:
NTPC Vidyut Vyapar Nigam Ltd. (NVVN) has acquired 5% equity stake in Power Exchange of India Ltd (PXIL).
Question 73
What was the amount of global FDI flow in 2021 as per UNCTAD Global Investment Trends Monitor?
A. USD 1.45 trillion
B. USD 1.25 trillion
C. USD 1.65 trillion
D. USD 1.85 trillion
View Answer
Answer: Option C
Explanation:
The global FDI flows increased by 77 percent to an estimated USD 1.65 trillion in 2021, from USD 929 billion in 2020.
Question 74
Which financial institution has approved a USD 250 million loan to support NICDP in India?
A. Asian Infrastructure Investment Bank (AIIB)
B. World Bank
C. UNDP
D. Asian Development Bank (ADB)
View Answer
Answer: Option D
Explanation:
The Asian Development Bank (ADB) has approved a USD 250 million (about Rs 1,875 crore) loan to support India's National Industrial Corridor Development Program (NICDP).
Question 75
Which General Insurance Company has launched a campaign titled '#BahaneChhodoTaxBachao'?
A. SBI General Insurance Company
B. Oriental Insurance Company
C. Bharti AXA General Insurance
D. Religare Insurance Company
View Answer
Answer: Option A
Explanation:
SBI General Insurance has launched '#BahaneChhodoTaxBachao' campaign.
Question 76
Which of the following real estate firm will develop a 500000 sq ft shopping Mall in Jammu & Kashmir?
A. Omaxe Group
B. China Evergrande Group
C. DLF Group
D. Emaar Group
View Answer
Answer: Option D
Explanation:
EMAAR Properties, a Dubai-based real estate group, will be developing a shopping mall in Srinagar, Jammu and Kashmir.